{"id":658096,"date":"2025-01-05T00:00:00","date_gmt":"2025-01-05T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/01\/05\/auto-sales-continue-to-rise-12-5-for-the-second-consecutive-month-in-november\/"},"modified":"2025-01-05T00:00:00","modified_gmt":"2025-01-05T00:00:00","slug":"auto-sales-continue-to-rise-12-5-for-the-second-consecutive-month-in-november","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/01\/05\/auto-sales-continue-to-rise-12-5-for-the-second-consecutive-month-in-november\/","title":{"rendered":"Auto sales continue to rise 12.5% for the second consecutive month in November"},"content":{"rendered":"

Auto sales continue<\/strong> to rise in November:<\/strong> Auto sales in November rose by 12.5% m-o-m to 10.8k vehicles, up from<\/a> 9.6k in October, according to figures from the Automotive Marketing Information Council (AMIC) seen by EnterpriseAM. The surge marks a continued rebound in monthly vehicle sales that began in October, which had broken a two-month streak of declines following four months of growth between April and July.<\/p>\n

Remember:<\/strong> The vehicle market witnessed a 43% m-o-m drop<\/a> back in March of last year, with sales plummeting to just 4.2k vehicles \u2014 the lowest number of auto sales we\u2019ve seen since we started keeping track in January 2019.<\/p>\n

Increased passenger car sales drove the growth: <\/strong>Passenger car sales registered a 14.8% increase m-o-m to 8.5k vehicles in November. Truck sales also continued to rise, growing 14.2% m-om to 1.6k trucks \u2014 up from 1.4k trucks in October. Bus sales fell slightly to 746 units sold, down from 760 during the same period.<\/p>\n

On a yearly basis,<\/strong> total auto sales in November were up 9.1% from the same time last year, driven by a 45.8% increase in truck sales and a 7.5% increase in passenger car sales. Bus sales fell 19.7% during the same period.<\/p>\n

The figures don\u2019t quite tell the whole story:<\/strong> AMIC figures reflect data contributed by member distributors, who include most, but not all, industry participants.<\/p>\n","protected":false},"excerpt":{"rendered":"

Passenger car sales drove the trend with a 14.8% m-o-m increase to 8.5k for the month<\/p>\n","protected":false},"author":1,"featured_media":658097,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7339],"tags":[143,144,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-658096","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-automotive","tag-amic","tag-automotive","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"a2242fb6-fd21-4a5e-a25b-cb586602a30e","order":"8","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/2\/3999.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Auto sales continue to rise 12.5% for the second consecutive month in November","related_issue":[658082],"teaser":"Passenger car sales drove the trend with a 14.8% m-o-m increase to 8.5k for the month","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/1\/.f0040095-f580-4208-b864-064f6543e9d4.mp3"},"yoast_head":"\nAuto sales continue to rise 12.5% for the second consecutive month in November - 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